Lastest from Businesswire
As Labor Market Softens, Index Shows Top Employers Pay and Promote More Than Double Their Peers For Same Jobs
CAMBRIDGE, Mass. & PHILADELPHIA & SEATTLE--(BUSINESS WIRE)--The Burning Glass Institute, the Schultz Family Foundation and Harvard Business School's Managing the Future of Work Project today released the 2024 American Opportunity Index, a groundbreaking ranking that reveals which large U.S. companies are doing the best to advance the careers of their employees and grow the middle class in an evolving labor market. In its third year, the latest Index finds that many firms beyond the technology a
OFG Bancorp Announces New $50 Million Share Repurchase Plan
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $50 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, is in addition to the previously authorized stock repurchase plan. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations
TradeStation Group Announces Inaugural Crossroads Summit
PLANTATION, Fla.--(BUSINESS WIRE)--TradeStation Group, Inc., a Florida-based company whose main operating subsidiary provides award-winning*, self-clearing online brokerage services for trading stocks, options, futures, and futures options, is excited to announce the inaugural Crossroads Summit, which is scheduled to take place at the University of Miami in Coral Gables, Florida, from November 21-22, 2024. The Crossroads Summit is anticipated to be a high impact gathering for visionaries and in
Lauren Brazel of Tinley Park High School Is Named the Grand Prize Winner of the Heroes of the Classroom Program Presented by Kleenex®
TINLEY PARK, Ill.--(BUSINESS WIRE)-- #CampusMultimedia--Tinley Park High School teacher wins Kleenex® Heroes of the Classroom Grand Prize: $5,000 to her; $5,000 and a year’s supply of Kleenex to her school.
Pioneering Men’s Skincare Brand Caldera + Lab Raises $6 Million in Series A Funding from HIPstr, the Early-Stage Investment Arm of HighPost Capital
AUSTIN, Texas--(BUSINESS WIRE)--Caldera + Lab, a premium skincare brand focusing on providing high-performance, clean, and sustainable products for men, today announced it has raised $6 million for its Series A funding round from HIPstr, the early-stage investment arm of HighPost Capital, LLC (“HighPost”), a leading private investment firm focused on visionary companies at the forefront of consumer behavior and innovative product, service, sports, media and technology sectors. The men’s skincar
Adams Street Partners Closes 2024 Global Fund Program with $1.1 Billion in Commitments
CHICAGO--(BUSINESS WIRE)--Adams Street Partners, LLC, a leading private markets investment firm with over $60 billion in assets under management, has held the final closing of the Adams Street 2024 Global Fund Program with $1.1 billion in committed capital. The Global Fund Program is designed to provide access to some of the world’s best small- to mid-growth private companies through a targeted, global private equity portfolio. It provides exposure to all of Adams Street’s investment strategies
Extend Launches Bill Pay for Invoice Payments
NEW YORK--(BUSINESS WIRE)--Extend, a leading virtual card and spend management platform, today announced the launch of Bill Pay, a new feature that empowers businesses to streamline invoice payments using virtual cards. The Bill Pay feature simplifies the workflow for accounts payable processes, optimizes cash flow, maximizes credit card rewards, and enhances security for organizations of all sizes. Traditional payment methods pose significant challenges for finance teams. Paying invoices by ch
FV Bank Announces Launch of VISA Debit and Corporate Expense Cards at Money 20/20 USA
SAN JUAN, Puerto Rico & LAS VEGAS--(BUSINESS WIRE)-- #Banking--FV Bank, in partnership with Visa, has today announced at Money 20/20 Las Vegas (October 27-30), the launch of FV Bank’s new debit cards and corporate expense cards. Available to both U.S. and international customers and businesses, the individual debit cards and corporate expense cards can be used worldwide, providing individuals and businesses with seamless access to their FV Bank fiat and digital asset custody balances offering global payme
PointClickCare Announces Introduction of Two New Products Designed to Alleviate Staffing Pressures for Senior Care Providers
TORONTO--(BUSINESS WIRE)--PointClickCare, a leading healthcare technology platform enabling meaningful care collaboration and real-time patient insights announced today the introduction of an end-to-end solution to hire, onboard, and schedule top talent, in partnership with Apploi. PointClickCare will introduce two innovative products to enable applicant tracking and staff scheduling which will be available in late 2024. The senior care industry is facing unprecedented challenges, particularly
Hyperion Partners Joins MAI Capital Management
CLEVELAND--(BUSINESS WIRE)--MAI Capital Management, LLC (“MAI”), a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, today announced the acquisition of Hyperion Partners (“Hyperion”). Headquartered in Berwyn, PA with clients in the greater Philadelphia area, Hyperion is an advisory firm primarily serving businesses and high net worth individuals. Founded by Jeffrey Leber and Vaughn Schill in 2018, the firm
Reputation Earns Two Prestigious Industry Awards: Named Power Partner By Inc. Magazine and Certified as Great Place to Work™
SAN RAMON, Calif.--(BUSINESS WIRE)--Reputation, the global leader in reputation performance management, continues to build momentum in the market with two awards that validate the company’s market leadership and organizational strength. The organization has been named to Inc.’s 2024 Power Partner Awards list and has earned the Great Place To Work™ Certification, reflecting both its expanding market impact and thriving company culture. The Inc. Power Partner award recognizes Reputation among 359
Impact Health Sharing Surpasses $22 Million in Payments of Members’ Eligible Medical Bills, Rolls out New Dental and Vision Discounts and Launches Health and Wholeness Program
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Impact Health Sharing (Impact), based in Davie, Florida, announces it has surpassed $22 Million in payments of its members’ eligible medical bills while expanding membership benefits to include a new dental and vision discount program and a new health and wholeness program. The dental and vision discount program, offered through partnerships with Careington and VSP, features access to a nationwide network of providers. It provides affordable, transparent
Island Announces Participation of Citi Ventures in Its Series D Round
DALLAS--(BUSINESS WIRE)--Island, the Enterprise Browser company, announced the participation of Citi Ventures, a venture capital arm of Citigroup, in its previously announced Series D funding round. The investment affirms Island’s value to banks and accelerates its mission to reshape the future of work in financial services and beyond. By building security and IT needs of the enterprise directly into the browser and designing an intuitive end-user experience, Island has redefined the role of th
Shareholder Alert: Ademi LLP Investigates Whether Nxu, Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Nxu (NASDAQ: NXU) for possible breaches of fiduciary duty and other violations of law in its transaction with Verde. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, pre-merger Nxu stockholders will own approximately only 5% of the combined company. The transaction agreement unreasonably limits competing transactions for Nxu by imposing
Greg Woods Joins Focus Financial Partners as General Counsel; Focus Bolsters Legal Team with Three Senior Promotions
NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading partnership of fiduciary wealth management, business management, and related financial services firms, today announced a new General Counsel and several key promotions within its legal department to build on the firm’s existing bench of legal talent. “We are excited to announce these developments within our industry-leading legal team. Greg Woods is an exceptional lawyer, and we are pleased to have him assume leadership of our
Innovid to Release Third Quarter 2024 Financial Results on November 12th
NEW YORK--(BUSINESS WIRE)--Innovid (NYSE:CTV), an independent software platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear, and digital, today announced that it will release third quarter 2024 financial results before the market opens on Tuesday, November 12, 2024. The Company will host a conference call to discuss its results at 8:30 a.m. ET that same day. Zvika Netter, Co-founder and Chief Executive Officer, and Anthony Callini,
WSFS Bank Announces Promotion of James J. Wechsler to Executive Vice President, Chief Commercial Banking Officer
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that James (Jim) Wechsler has been named Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025. In his new role, Wechsler will join the Executive Leadership Team, reporting to Art Bacci, Executive Vice President and Chief Operating Officer and oversee Commercial & Industrial Banking, Commercial Real Estate, Treasury Management, Ca
Bank of Hawai‘i Corporation Third Quarter 2024 Financial Results
HONOLULU--(BUSINESS WIRE)--Bank of Hawai‘i Corporation (NYSE: BOH) today reported diluted earnings per common share of $0.93 for the third quarter of 2024, compared with diluted earnings per common share of $0.81 in the linked quarter and $1.17 in the same period last year. Net income for the third quarter of 2024 was $40.4 million, up 18.4% from the linked quarter and down 15.8% from the same period last year. The return on average common equity for the third quarter of 2024 was 11.50% compare
PublicSquare Formally Launches Payments Platform
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”) today reported the formal launch of its payments platform, the implementation of a strategic plan to streamline the organization, and the announcement of a private investment in public equity transaction (“PIPE”) of $5.35 million to help fund the growth of its payments vertical and for other general corporate purposes. Michael Seifert, Chairman and Chief Executive Officer of PublicSquare,
Investcorp AI Acquisition Corp. Releases Question and Answer Webcast
NEW YORK--(BUSINESS WIRE)--Investcorp AI Acquisition Corp. (Nasdaq: IVCA) (“SPAC”), a publicly traded special purpose acquisition company, announced a question-and-answer webcast (the “Webcast”) discussing its recently announced proposed business combination with Bigtincan Holdings Limited (ASX: BTH) (“Bigtincan” or the “Company”) which has been published on SPAC’s website. The Webcast can be accessed by visiting https://www.investcorpspac.com/AI. The Company, SPAC, BTH Merger Sub Limited (“Mer